Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BloFin−0.053%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.187%−$19 · spread now −0.053%, 7d avg −0.014%
=Funding pays, the price is against you. Binance is 0.040% cheaper against BloFin than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.014%). If the spread goes back, that is −$4 on $10k: about 3.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ONT-USDT | 0.05613 | 0.0066 | pay 0.0033% / 4h | 1h 11m | $131K | $25K | 50x |
| Short | Binance ONTUSDT | 0.05610 | 0.0100 | get 0.0050% / 4h | 1h 11m | $2.4M | $2.6M | 50x |
BloFin ONT-USDT
Binance ONTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.08
- Price spread: −0.053% → −0.014%
- −$3.98
- Slippage, 4 orders
- −$40.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.46
- Costs to cover
- 0.626%
- Break-even
- 65.8 days
Slippage from BloFin: live order book, 62 min ago; Binance: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 62 min ago | 0.89 bp | 17.9 bp −$18 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.89 bp | 16.3 bp −$16 | 52.0 bp −$520 | doesn't fit | doesn't fit |
ONT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ONTUSD | −0.0405% | 1h | 0.05610 | −0.046% | $9K | $231 | 10x | as long as short |
| OKX ONT-USDT-SWAP | −0.0052% | 4h | 0.05606 | −0.125% | $805K | $877K | 20x | as long as short |
| BloFin ONT-USDTlong | +0.0066% | 4h | 0.05613 | long leg | $131K | $25K | 50x | |
| Aster ONTUSDT | +0.0100% | 4h | 0.05612 | −0.026% | $26K | $388 | 5x | as long as short |
| Binance ONTUSDTshort | +0.0100% | 4h | 0.05610 | −0.053% | $2.4M | $2.6M | 50x | |
| Gate ONT_USDT | +0.0100% | 4h | 0.05610 | −0.053% | $172K | $60K | 50x | as long as short |
| MEXC ONT_USDT | +0.0100% | 4h | 0.05610 | −0.053% | $1.5M | $138K | 50x | as long as short |
| KuCoin ONTUSDTM | +0.0100% | 4h | 0.05611 | −0.036% | $522K | $50K | 30x | as long as short |
| Bitget ONTUSDT | +0.0100% | 4h | 0.05607 | −0.107% | $812K | $315K | 50x | as long as short |
| Variational Omni ONT | +0.1130% | 4h | 0.05595 | −0.324% | $4K | $3K | — | as long as short |
Kraken Futures PF_ONTUSD
OKX ONT-USDT-SWAP
Aster ONTUSDT
Gate ONT_USDT
MEXC ONT_USDT
KuCoin ONTUSDTM
Bitget ONTUSDT
Variational Omni ONTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ONT-USDT | +0.1382% | 4h | 0.05607 | −0.107% | — | $2.3M | — | as long as short |
| Bybit ONTUSDT | +0.1411% | 4h | 0.05593 | −0.356% | $795K | $317K | 25x | as long as short |
BingX ONT-USDT
Bybit ONTUSDT